The U.S. dollar is at an eight-month low against a basket of currencies, and speculation is increasing about interventions by other governments to counteract the trend. Thus, U.S. Treasury Secretary Jack Lew suddenly has urged the IMF to be more aggressive in addressing currency manipulations. Currencies and Corn Dumping The U.S. dollar is at an eight-month low against a basket of currencies, and speculation is increasing about interventions by other governments to counteract the trend. Thus, U.S. Treasury Secretary Jack Lew suddenly has urged the International Monetary Fund (IMF) to be more aggressive in addressing currency manipulations. Speculators are running from the USD even though today’s revised forecast for economic growth by the...
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...